"Conventional critics and mainstream analysts don't get the crypto economy, don't understand bitcoin, and they hate volatility," says Michael Saylor, bitcoin whale and executive chairman of MicroStrategy. In his epic return, he tells our Daniela Cambone that the dominant digital blockchain is a "bumpy lifeboat, a bitcoin lifeboat," and is floating as intended in a murky world of economic transformation. In his new role of Executive Chairman, Saylor explains why his new role as the executive chairman allows him to focus on bridging the gap closer from bitcoin to MicroStrategy. "The market looks like it's bottomed [for bitcoin]," where its fundamentals are emerging as institutional investment grade asset, "being embraced by regulators, legislators, and largescale investors," he continues. Saylor concludes by arguing, "Bitcoin is going to gradually demonetize gold over time, gold will go to the utility value of gold, but it won't be adopted as money in the 21st century."

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Chapters:

00:00 Michael bets billions in bitcoin and lost
7:49 Why did Michael step down now?
13:18 The volatility of bitcoin is not for everyone
16:16 What causes the crypto crash
22:22 Crypto market cleansing
24:24 Saylor’s view on Ethereum
25:44 Institutional buyers view on bitcoin
29:09 Gold vs. bitcoin
30:27 Tesla's bitcoin selloff
33:50 Spot bitcoin ETF
34:32 Bitcoin hedging inflation
35:02 Will Michael become a professor at MIT?
40:10 Are we in a recession?
42:07 Will the U.S. dollar march higher?